IRVINE, Calif. – May 31, 2006 – Indiana reported 4,309 properties entering some stage of foreclosure in April, a 13 percent decline from the previous month but a 61 percent increase from the 2,681 foreclosures reported in April 2005, according to RealtyTrac’s April 2006 U.S. Foreclosure Market Report.

RealtyTrac publishes the largest and most comprehensive national database of pre-foreclosure and foreclosure properties, with more than 600,000 properties from more than 2,500 counties across the country, and is the foreclosure data provider to MSN Real Estate, Yahoo! Real Estate, AOL Real Estate and Knight Ridder Online.

“Despite the decrease in Indiana foreclosures in April, the state still holds one of the highest foreclosure rates in the nation,” said James J. Saccacio, chief executive officer of RealtyTrac.“Continued job losses in manufacturing and slow home value appreciation have kept the foreclosure rates high.”

With one foreclosure filing for every 586 households (more than twice the national average), Indiana‘s foreclosure rate ranked among the top five states in the country. Overall, the state total accounted for 4.7 percent of the nation’s foreclosures with only seven states reporting more filings for the month.

Reporting 2,609 properties entering some stage of foreclosure, MarionCounty accounted for the majority of the state’s foreclosure filings in April. The county’s foreclosure rate of one foreclosure filing for every 148 households was the highest in the state and almost four times the state average.

Nationwide a total of 91,168 properties entered some stage of foreclosure in April, a 10 percent decrease from the previous month but a 33 percent year-over-year increase from April 2005. This marked the second straight month of decreasing U.S. foreclosure activity. At one foreclosure filing for every 1,268 households, the national foreclosure rate for April was higher than for any month in 2005.

The RealtyTrac Monthly U.S. Foreclosure Market Report provides the total number of homes in some stage of foreclosure nationwide, by state and by county. RealtyTrac’s report includes properties in all three phases of foreclosure: Pre-foreclosures — Notice of Default (NOD) and Lis Pendens (LIS); Foreclosures — Notice of Trustee Sale and Notice of Foreclosure Sale (NTS and NFS); and Real Estate Owned, or REO properties (that have been foreclosed on and repurchased by a bank).

Indiana Foreclosure Market By County — April 2006

State Name

NOD

NTS

NFS

LIS

REO

Total

1 in every #households

/National Average

/State Average

U.S.

21,244

38,238

2,833

9,071

19,782

91,168

1,268

—

—

Indiana

1,402

1,664

0

0

1,243

4,309

586

2.16

—

Adams

1

1

0

0

7

9

1378

0.92

0.43

Allen

111

131

0

0

108

350

397

3.20

1.48

Bartholomew

1

15

0

0

5

21

1422

0.89

0.41

Benton

0

0

0

0

2

2

1909

0.66

0.31

Boone

0

1

0

0

2

3

5976

0.21

0.10

Brown

0

0

0

0

1

1

7163

0.18

0.08

Cass

0

1

0

0

3

4

4155

0.31

0.14

Clark

2

0

0

0

4

6

6863

0.18

0.09

Clinton

0

1

0

0

3

4

3317

0.38

0.18

Daviess

1

1

0

0

2

4

2975

0.43

0.20

De Kalb

3

17

0

0

1

21

769

1.65

0.76

Dearborn

0

9

0

0

2

11

1617

0.78

0.36

Decatur

1

0

0

0

0

1

9992

0.13

0.06

Delaware

0

13

0

0

7

20

2552

0.50

0.23

Elkhart

2

91

0

0

33

126

538

2.36

1.09

Fayette

1

0

0

0

2

3

3660

0.35

0.16

Floyd

1

1

0

0

3

5

5817

0.22

0.10

Fountain

0

1

0

0

1

2

3846

0.33

0.15

Franklin

0

2

0

0

1

3

2865

0.44

0.20

Fulton

0

27

0

0

0

27

338

3.75

1.73

Gibson

0

12

0

0

2

14

1009

1.26

0.58

Grant

0

8

0

0

3

11

2778

0.46

0.21

Greene

0

2

0

0

1

3

5018

0.25

0.12

Hamilton

3

3

0

0

12

18

3582

0.35

0.16

Hancock

0

23

0

0

6

29

750

1.69

0.78

Harrison

0

2

0

0

1

3

4566

0.28

0.13

Hendricks

2

6

0

0

24

32

1226

1.03

0.48

Henry

3

4

0

0

37

44

468

2.71

1.25

Howard

0

2

0

0

5

7

5372

0.24

0.11

Huntington

1

0

0

0

4

5

3054

0.42

0.19

Jackson

0

0

0

0

1

1

17137

0.07

0.03

Jasper

0

0

0

0

4

4

2809

0.45

0.21

Jay

0

3

0

0

1

4

2269

0.56

0.26

Johnson

0

7

0

0

18

25

1804

0.70

0.32

Knox

0

5

0

0

2

7

2472

0.51

0.24

Kosciusko

1

1

0

0

3

5

6438

0.20

0.09

La Porte

1

4

0

0

8

13

3509

0.36

0.17

Lagrange

0

0

0

0

2

2

6469

0.20

0.09

Lake

12

253

0

0

53

318

613

2.07

0.96

Lawrence

1

1

0

0

0

2

10280

0.12

0.06

Madison

3

52

0

0

14

69

825

1.54

0.71

Marion

1,177

663

0

0

769

2,609

148

8.55

3.95

Marshall

0

0

0

0

1

1

18099

0.07

0.03

Miami

1

2

0

0

1

4

3825

0.33

0.15

Monroe

0

1

0

0

3

4

12712

0.10

0.05

Morgan

9

4

0

0

5

18

1439

0.88

0.41

Newton

0

1

0

0

0

1

5726

0.22

0.10

Noble

3

6

0

0

2

11

1658

0.77

0.35

Ohio

0

2

0

0

1

3

808

1.57

0.73

Orange

3

2

0

0

0

5

1670

0.76

0.35

Parke

0

1

0

0

0

1

7539

0.17

0.08

Perry

5

0

0

0

0

5

1645

0.77

0.36

Porter

1

7

0

0

5

13

4432

0.29

0.13

Posey

0

1

0

0

0

1

11076

0.11

0.05

Putnam

0

1

0

0

2

3

4502

0.28

0.13

Randolph

0

3

0

0

8

11

1070

1.18

0.55

Ripley

0

0

0

0

0

0

0.00

0.00

Rush

0

0

0

0

3

3

2446

0.52

0.24

Scott

0

0

0

0

2

2

4869

0.26

0.12

Shelby

0

0

0

0

7

7

2519

0.50

0.23

Spencer

3

2

0

0

0

5

1667

0.76

0.35

St Joseph

10

75

0

0

19

104

1029

1.23

0.57

Starke

0

3

0

0

3

6

1700

0.75

0.34

Steuben

10

3

0

0

1

14

1238

1.02

0.47

Sullivan

0

1

0

0

0

1

8804

0.14

0.07

Switzerland

0

0

0

0

1

1

4226

0.30

0.14

Tippecanoe

1

5

0

0

4

10

5834

0.22

0.10

Vanderburgh

0

62

0

0

4

66

1156

1.10

0.51

Vermillion

0

2

0

0

0

2

3703

0.34

0.16

Vigo

0

4

0

0

4

8

5650

0.22

0.10

Wabash

0

4

0

0

2

6

2339

0.54

0.25

Warrick

28

1

0

0

3

32

642

1.98

0.91

Wayne

0

108

0

0

2

110

277

4.58

2.12

White

0

0

0

0

3

3

4028

0.31

0.15

About RealtyTrac Inc.

Ranked as the third largest real estate site by MediaMetrix, RealtyTrac Inc. (www.realtytrac.com), is the leading online marketplace for foreclosure properties, providing all the resources that home seekers, investors and real estate agents need to locate, evaluate and buy properties below market value. Founded in 1996, RealtyTrac publishes the largest and most comprehensive national database of pre-foreclosure, foreclosure, For Sale By Owner, resale and new construction properties, with more than 1 million properties across the country, property reports, productivity tools and extensive professional resources. RealtyTrac hosts nearly 3 million unique visitors monthly and has been chosen to supply foreclosure data to AOL Real Estate, MSN Real Estate and Yahoo! Real Estate. For more information, visit www.realtytrac.com.

About RealtyTrac

RealtyTrac® is the leading provider of comprehensive housing data and analytics for the real estate and financial services industries, Federal, state and local governments, academic institutions, and the media. Data is aggregated from parcel-level records of more than 125 million U.S. residential and commercial properties and delivered through customizable products including bulk file licensing, APIs and custom reports.